Member Info for theiceberg

buy. Big buy that has pushed the bid up to 5.3.
It was the 750k that came up on the 2pm auction at 5.18p that somebody wanted filled.
In the end they came up a little and wiped the ask, hence the rise in bid to 5.3

Thank you.
https://icebergshares.blogspot.com/2019/02/savannah-resources-review-of-2018.html

9p was min fair price 7 months ago.
With the news that's coming far higher.
Higher week month and year imo.

Big money in the 2pm auction 1m on the bid 450k on the ask.

as per group chat.
Good to see the Germans getting involved. German embassy visiting moz as per tweet.
Also giz.de being used which has close ties to the EU.

All points to an EU brokered German partner for our lithium project

I am glad to see some of the smaller buys as well..everybody regardless of value should benefit from these levels.

Damn right keep those traders t trades and pumping machines away please

Nice start to the day.

Oman was drilled months ago and only 12 holes.
How i wishing could get going. But happy with lithium and moz. More than enough for me.

I agree it will be steady.
But I don't think it will be slow. It's difficult to see where much selling will come. Except for the transfers.
As for the vet . This must be the most grounded in pumped board on Lse.

Those meds are still not working.

I am getting old. Let's keep the volume down a little. Maybe an entry policy....
A few starters. Maybe some seats for folks that don't want to dance.

I am left wondering what news will come maybe Thursday or Friday.

something large and German maybe.
Or something African.

I quite liked yesterday's volume can I have some more today please....

Now you might add that they have been positioned to look like sells to give the mms some shares.

Imo. Just a transferring of ownership. Good legal purposes it needs to go through the system.

Movement of stock. No doubt David's found a buyer through the broker to buy up from a seller.
Hence David has started PR and news flow. .

Now at 5p to sell.

I can't believe my luck to get some at 4.8-4.9p last week.

when we are in nearly every European paper next qtr it will seem like a dream.

Still at full price 5.10
If ever there was a time to be in a share its now .
Just like last when we brought at 5.20 prior to it rising to 12p folks will kick themselves. Particularly if they are investing in high risk oil companies to get the same return

Typing something up on this as we speak....

There is a better understanding now of lithium pricing. China very much had its own demand bubble, it paid a big premium to the rest of the world during its rapid expansion phase. This started to cool down in H1 2018 and came to a halt in H2 2018. Thanks largely to the US-China trade spat.

The spat has had a big effect on the forming middle class in China, in effect halting its rapid expansion. The demand for electric cars in china was being caused by this expansion. Chinese companies assumed it would continue and so made plans to increase lithium equally rapidly.

The halting expansion has led to a fall in demand, just when Australia, the main supply, has been increasing supply. The bubble has burst and what was a demand led bubble has turned to a supply led glut. I have no doubt that China will have lower prices for Lithium than the rest of the world for 2019. At least until there are clear signs that Chinese Growth has increased to above 8%.
TBF it has little affect on SAV. I am sure the US-China spat will be fixed by 2020 and the Chinese Govt will have forced growth above 8% by 2020.

I think the spread simply reflects the two bid sells 800m from this morning. the mms don't want to give the shares away too cheap or they are saving the ones they've got for a large after hours buy.

Market makers on 10p a wall hoovering up shares.

Scooped back in action. Hope whoever sold is happy with that.